3.0.0 2561 2023-01-11T13:24:44Z 2023-01-11T13:24:44Z House H HR 2013-06-27 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. PETERS of Michigan:H.R. 2561.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 3The United States Congress shall have power to regulateCommerce with foreign Nations, and among the several States,and with the Indian Tribes.[Page H4145]]]> hsba00 Financial Services Committee House Standing Referred to 2013-06-27T14:05:10Z 2013-06-27 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2013-06-27 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-06-27 Introduced in House IntroReferral 1000 9 Library of Congress P000595 Rep. Peters, Gary C. [D-MI-14] Gary Peters D MI 14 N B000013 Rep. Bachus, Spencer [R-AL-6] SPENCER BACHUS R AL 6 2013-06-27 True C001047 Rep. Capito, Shelley Moore [R-WV-2] Shelley Capito R WV Moore 2 2013-06-27 True G000569 Rep. Grimm, Michael G. [R-NY-11] Michael Grimm R NY G. 11 2013-06-27 True M000087 Rep. Maloney, Carolyn B. [D-NY-12] CAROLYN MALONEY D NY B. 12 2013-06-27 True P000265 Rep. Petri, Thomas E. [R-WI-6] TOM PETRI R WI 6 2013-06-27 True P000598 Rep. Polis, Jared [D-CO-2] Jared Polis D CO 2 2013-06-27 True V000081 Rep. Velazquez, Nydia M. [D-NY-7] NYDIA VELAZQUEZ D NY M. 7 2013-06-27 True B001281 Rep. Beatty, Joyce [D-OH-3] Joyce Beatty D OH 3 2013-06-27 True S001188 Rep. Stutzman, Marlin A. [R-IN-3] Marlin Stutzman R IN A. 3 2013-06-27 True D000614 Rep. Duffy, Sean P. [R-WI-7] Sean Duffy R WI P. 7 2013-06-28 False R000053 Rep. Rangel, Charles B. [D-NY-13] CHARLES RANGEL D NY B. 13 2013-07-23 False C001037 Rep. Capuano, Michael E. [D-MA-7] MICHAEL CAPUANO D MA E. 7 2013-07-23 False D000620 Rep. Delaney, John K. [D-MD-6] John Delaney D MD K. 6 2013-07-23 False M001137 Rep. Meeks, Gregory W. [D-NY-5] GREGORY MEEKS D NY W. 5 2013-07-23 False C001083 Rep. Carney, John C., Jr. [D-DE-At Large] John Carney D DE C. 0 2013-07-23 False W000798 Rep. Walberg, Tim [R-MI-7] Tim Walberg R MI 7 2013-08-02 False L000551 Rep. Lee, Barbara [D-CA-13] BARBARA LEE D CA 13 2013-08-02 False C001090 Rep. Cartwright, Matt [D-PA-17] Matt Cartwright D PA 17 2013-09-12 False U000031 Rep. Upton, Fred [R-MI-6] FRED UPTON R MI 6 2013-09-25 False Finance and Financial Sector Congressional oversight Consumer credit Government studies and investigations Higher education Student aid and college costs Finance and Financial Sector 00 2013-06-27 Introduced in House 2013-08-16T15:23:31Z Federal Adjustment in Reporting Student Credit Act of 2013 or the FAIR Student Credit Act of 2013 - Amends the Fair Credit Reporting Act, with respect to the responsibilities of furnishers of information to consumer reporting agencies, to provide for the removal of a previously reported default regarding a qualified education loan from a consumer report if the consumer of the loan meets the requirements of a loan rehabilitation program, where the number of consecutive on-time monthly payments are equal to the number of payments specified in a default reduction program under the Higher Education Act of 1965.

Permits a consumer to obtain such rehabilitation benefits only once per loan.

Requires the Comptroller General (GAO) to report on any hurdles borrowers experience with the private loan rehabilitation program.

]]> FAIR Student Credit Act of 2013 Display Title FAIR Student Credit Act of 2013 Official Title as Introduced To provide for the removal of default information from a borrower's credit report with respect to certain rehabilitated education loans. Introduced in House IH Short Titles as Introduced FAIR Student Credit Act of 2013 Short Titles as Introduced Federal Adjustment in Reporting Student Credit Act of 2013 Introduced in House 2013-06-27T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr2561ih/xml/BILLS-113hr2561ih.xml 2013-06-27 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.